The Secret Life of Corn

Following record crops and record grain stocks, farmers are finding new ways to use corn. Ethanol and animal feed seem to be old hat, making way for new uses such as shoes, car cushions and moisturizers.

Corn at approximately the milk stage.
Corn at approximately the milk stage.
(Sonja Begemann)

Following record crops and record grain stocks, farmers are finding new ways to use corn. Ethanol and animal feed seem to be old hat, making way for new uses such as shoes, car cushions and moisturizers.

Reebok brand recently unveiled tennis shoes made with corn, Lego is toying with the idea of grain-based materials to mold bricks and even Ford added grain into their seat cushions, according to Wall Street Journal.

Farmers have the largest projected beginning corn stocks since 1989, which means supply is down from a year ago, but it’s still the second highest on record and needs to find a use. Corn can be found in more than 4,000 items in an average grocery store, according to Iowa Corn. Manufacturers break the kernel into four key components to create products: starch, fiber, protein and oil.

Here are some of the creative and unexpected ways Iowa Corn shows corn can be used:

USDA projects 170.7 bu. per acre for this season, which could lead to more overstock. Corn for food, seed and industrial use is expected to rise to 7 billion bushels this year, up 80 million bushels over last year. However, exports are down 350 million bushels with a 1 billion bushel increase in combined exports from Brazil and Argentina.

AgWeb-Logo crop
Related Stories
Shawn Hackett with Hackett Financial Advisors says he sees higher prices ahead for the grain markets.
Darin Newsom, senior market analyst with Barchart, says it is not unexpected to see a little profit taking moving into the end of the month. However, he thinks any breaks will be bought by the trend following funds.
Jim McCormick with AgMarket.Net says the market saw massive fund buying and short covering adding war or geopolitical premium.
Get News Daily
Get Market Alerts
Get News & Markets App